Tag Archives: economist

November 12, 2018Comments Off on US has 'gone rogue' — Economist tells RT about SWIFT’s Iran cutoff

In pushing the SWIFT financial messaging system to exclude Iran, the US has “gone rogue,” economist Steve Keen told RT. SWIFT cut a raft of Iranian banks – including the country’s central bank – off from its system on Monday, having come under pressure from the US to do so. Treasury Secretary Steven Mnuchin said that the move is “the ...

September 16, 2018Comments Off on Outrage on Twitter as Bannon appears at Economist fest, voices support for Orban & Salvini

New York activists have vented their anger at Steve Bannon, who appeared in a live debate set up by The Economist – a couple of weeks after the New Yorker abruptly withdrew his invitation to their own event. Sporadic protests broke out on Saturday at the Open Future festival as Steve Bannon was interviewed via video link by Zanny Minton ...

July 16, 2018Comments Off on Economist writer mocked for peddling old, debunked ‘Russian hack’ story in bizarre tweet to Macron

The Economist’s senior journalist Jeremy Cliffe has been mocked after rehashing the debunked story about the Kremlin ‘hacking’ Emmanuel Macron’s campaign. Observers reminded him it was rubbished by the French secret service. Cliffe, who runs The Economist’s Berlin Bureau, tweeted about French President Macron when he was celebrating his country’s victory at the FIFA World Cup on Sunday. The French ...

July 12, 2018Comments Off on US on track to lose trade war with China – economist Stephen Roach

The trade war between the United States and China is unlikely to bring Washington any good results, says Yale University Senior Fellow and former Morgan Stanley Asia chair Stephen Roach. Read more “Trade wars are not easy to win. They’re easy to lose, and the US is on track to lose this trade war,” Roach said in an interview with ...

July 6, 2018Comments Off on ‘Trump's attempt to control oil prices is the beginning of chaos’ – economist

Oil prices will rise regardless of what Iran does, but Trump will blame Tehran anyway. This will lead to conflict and the US president will probably enjoy causing it, Professor of Economics Steve Keen told RT. Iran has threatened to block seaborne oil shipments along a route that is used for almost one-third of all oil exports if Washington attempts ...

Corporate tax cuts introduced by US President Donald Trump earlier this year might remain, but tariffs against trading partners are likely to be a different story, according to Nobel Laureate in Economics Robert Shiller. “They are generating so much anger around the world. It’s not a sustainable policy,” Shiller told CNBC, stressing that the tariffs are “too crazy.” Earlier this ...

Nobel laureate Robert Shiller has taken his turn to bash bitcoin, calling the cryptocurrency more of a psychological experiment than a serious investment. “I’m interested in bitcoin as a sort of bubble. It doesn’t mean that it will disappear, that it’ll burst forever. It may be with us for a while,” Shiller told CNBC. “To me, it’s interesting as another ...

March 6, 2018Comments Off on Bitcoin more likely to belly-flop than see further growth – economist

In a decade, the world’s number one virtual currency, bitcoin, will probably see a dramatic drop due to its limited range of uses, according to Harvard University professor and economist Kenneth Rogoff. “I think bitcoin will be worth a tiny fraction of what it is now if we’re headed out 10 years from now… I would see $ 100 as ...

January 19, 2018Comments Off on Bitcoin tsunami will come from Japan – political economist to RT

The prices of cryptocurrencies have been mostly driven by extreme speculation in Asia, according to Doctor Jack Rasmus, who has warned that a major correction is coming soon. Read more “China and South Korea are aware of this; they know that bitcoin is a financial asset bubble, a classic bubble which is peaking out,” Rasmus, who’s a professor of Political ...

December 5, 2017Comments Off on Bitcoin is a ‘dangerous speculative bubble’ – Yale economist warns

Published time: 5 Dec, 2017 13:33 Edited time: 5 Dec, 2017 13:52 The bitcoin buying frenzy is a ‘toxic concept for investors,’ according to Stephen Roach, who’s described by Yale Univesity as one of Wall Street’s most influential economists. Read more “This is a dangerous speculative bubble by any shadow or stretch of the imagination,” Roach told CNBC. The Yale ...